Intraday Stock Market Trend 28 April :- My Dear Visitors, Monthly F&O expiry is knocking the door on 28th April. Investor’s are nervous and also reluctant to keep any stocks for delivery. On 3rd may, Reserve Bank of India is going to declare their next monetary policy and as per the news floating in the air that they are going to increase the interest rates by another 25 BPS respectively. Fear of above, rising crude oil prices and also inflation's are real concern and also detrimental for the Indian Stock Market also. So the positive factors are absent at present which could drive the Indian Stock Market in positive direction. Even though, Some good quarterly corporate results will give some upward thrust to the Indian Stock Markets from time to time, but above mentioned negative factors if not rectified will always pull the market down. Of course a good monsoon can change the sentiment of Indian Stock Market in a positive manner. In a nutshell until unless Spot Nifty cross and sustain the magic level Resistance of 5950, Market will be very volatile and range bound for the time being and you have to live on it. For your information, downside 5700 is a very strong and sentimental support of Spot Nifty. Daily Market Trend By Market Experts Today’s moral: “Intraday Trader’s should not rely upon one particular Stock for the overall gain. They should trade on other Stocks and should concentrate oN MTM (Mark to Mark) profit at the end of the day”
“Don’t over trade now and try to protect your capital”
“Always stay cool and don’t be panic-stricken”
Always follow the footprints of Spot Nifty as stated below.
